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Jeanne Shaheen: “It's now costing the taxpayers over $1 trillion. It's added…”

Featuring: Jeanne Shaheen, Democratic | U.S. Senate New Hampshire

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'Can You Answer?': Jeanne Shaheen Grills Ed Secretary Linda McMahon Over Future Of TRIO Program

Published | Video Starts at 03:35

Well, it may be a high cost, but this Congress passed the president's one big beautiful bill that provided a tax cut for people with an annual income over $1 million. And It's now costing the taxpayers over $1 trillion. It's added $4.6 trillion to the federal deficit. So I think comparing that to the cost of TRIO and GEAR UP programs, which each cost 1.2 billion annually and provide opportunities for thousands of young people to better themselves is a much better balance of payments. (03:35–03:44)

CLAIM

Asserts that the tax cut bill costs taxpayers over $1 trillion and added $4.6 trillion to the federal deficit.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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